HKN OÜ

Active Registry code 12111302 OÜ Tallinn Registered 24 May 2011

HKN OÜ is a OÜ based in Tallinn, registry code 12111302, status: active. Main activity: Retail sale of motor vehicles. According to EMTA, turnover for Q3 2026 was €63 635 with employees.

Turnover

63 635 €

↑ 451.9% vs Q2 2026

State taxes

0 €

↓ 100.0% vs Q2 2026

Labour taxes

0 €

Employees

—

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Retail trade · EMTAK 47

Turnover · Q3 2026 63 635 €

above 68% of companies

industry median 23 652 € · companies in the industry: 7 652
Revenue · 2025 95 017 €

above 73% of companies

industry median 16 974 € · companies in the industry: 13 500
Net profit margin · 2025 4.2 %

above 63% of companies

industry median 1.3 % · companies in the industry: 9 480

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € thousand Q3 2026: 63 635 € · +451.9% vs Q2 2026 · industry median 23 652 € · above 68% of the industry

Company
Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q2 2024: 2 041 € · −56.0% vs Q1 2024 · industry median 1 009 € · above 80% of the industry

Company
Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q2 2024: 1 · +0.0% vs Q1 2024

State taxes, € Q3 2026: 0 € · −100.0% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	63 635	—	—	—
Q2 2026	11 530	15 686	—	—
Q1 2026	98 220	15 764	—	—
Q4 2025	149 549	30 133	—	—
Q3 2025	136 345	24 896	—	—
Q2 2025	46 517	1 272	—	—
Q1 2025	10 182	7 376	—	—
Q4 2024	34 934	12 194	—	—
Q3 2024	15 769	23 754	3 062	—
Q2 2024	23 639	6 741	2 041	1
Q1 2024	36 033	14 069	4 636	1
Q4 2023	21 730	8 220	840	1
Q3 2023	23 553	4 760	840	1
Q2 2023	66 584	30 813	2 995	1
Q1 2023	22 637	2 332	791	1
Q4 2022	18 002	1 454	693	1
Q3 2022	17 048	661	693	1
Q2 2022	130 636	—	693	1
Q1 2022	29 697	1 911	693	1

Financials by year

2016 – 2025

Revenue, € thousand 2025: 95 017 € · +0.2% vs 2024 · industry median 16 974 € · above 73% of the industry

Company
Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 3 966 € · −99.5% vs 2024 · industry median 0 € · above 78% of the industry

Company
Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 4.2 % · −829.6 pp vs the year before · industry median 1.3 % · above 63% of the industry

Company
Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 1 861 154 € · −14.3% vs 2024

Equity, € thousand 2025: 1 741 554 € · −10.8% vs 2024

Employees 2025: 0 · industry median 2 · above 2% of the industry

Company
Industry median

Industry: Retail trade (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Financials by year
Year	Revenue, €	Net profit, €	Labour costs, €	Assets, €	Equity, €	Employees
2025	95 017	3 966	1 941	1 861 154	1 741 554	0
2024	94 847	790 774	11 641	2 171 902	1 951 659	0
2023	121 824	394 531	10 509	1 466 574	1 239 027	0
2022	205 141	649 882	9 377	1 084 350	1 007 651	0
2021	138 455	413 036	10 825	480 076	457 769	0
2020	38 663	4 485	7 305	88 477	44 733	0
2019	—	—	—	—	—	0
2018	—	—	—	—	—	0
2017	—	—	—	—	—	1
2016	—	—	—	—	—	0
2015	—	—	—	—	—	0
2014	—	—	—	—	—	0
2013	—	—	—	—	—	0
2012	—	—	—	—	—	0
2011	—	—	—	—	—	0

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2025

Net profit margin

4.2 %

Net profit / revenue

Return on equity (ROE)

0.2 %

Net profit / equity

Return on assets (ROA)

0.2 %

Net profit / assets

Equity ratio

93.6 %

Equity / assets

Debt ratio

6.4 %

Liabilities / assets

Current ratio

29.63

Current assets / current liabilities

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2024	1 Jul 2024 – 30 Jun 2025	8 Jan 2026	Company’s own	e-Äriregister
2023	1 Jul 2023 – 30 Jun 2024	8 Dec 2024	Company’s own	e-Äriregister
2022	1 Jul 2022 – 30 Jun 2023	25 Dec 2023	Company’s own	e-Äriregister
2021	1 Jul 2021 – 30 Jun 2022	29 Dec 2022	Company’s own	e-Äriregister
2020	1 Jul 2020 – 30 Jun 2021	21 Jan 2022	Company’s own	e-Äriregister
2019	1 Jul 2019 – 30 Jun 2020	22 Jan 2021	Company’s own	e-Äriregister

Board

Kristjan Novitski
Board member · since 24 May 2011
Liina Abram-Novitski
Board member · since 6 Mar 2025

Right of representation

Any member of the management board may represent the private limited company in all transactions.

Owners

Kristjan Novitski
Natural person · 2 500 €

100%

Owner in

Beneficial owners

Kristjan Novitski
Direct ownership · since 6 Sep 2018

Founders and other persons

Kristjan Novitski
Founder · 2 500 € · 24 May 2011

shared board members, owners or beneficial owners

Activities (EMTAK)

47811Retail sale of motor vehicles Main
82991Other business support service activities n.e.c.

Rulings 10

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10156512 / 9 6 Mar 2025	Amendment entry		In force 6 Mar 2025	PDF
Ä 10156512 / 8 25 Mar 2024	Amendment entry		In force 25 Mar 2024	PDF
Ä 10156512 / 7 2 Sep 2023	Amendment entry		In force 2 Sep 2023	PDF
Ä 10156512 / 6 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10156512 / 5 16 Jan 2018	Amendment entry		In force 16 Jan 2018	PDF
Ä 10156512 / M1 20 Dec 2017	Ruling to eliminate deficiencies	9 Jan 2018	Deficiencies eliminated 16 Jan 2018	PDF
Ä 10156512 / 4 2 Dec 2017	Amendment entry		In force 2 Dec 2017	PDF
Ä 10156512 / 3 15 May 2015	Amendment entry		In force 15 May 2015	PDF
Ä 10156512 / 2 19 Jul 2011	Amendment entry		In force 19 Jul 2011	PDF
Ä 10156512 24 May 2011	First entry		In force 24 May 2011	PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data

HKN OÜ

Position in the industry Retail trade · EMTAK 47

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Owner in

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 10